VERRA MOBILITY Corp
For the period ended Sep 30, 2025. Filed Oct 29, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Oct 29, 2025
VRRM$2.06-3.3%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations and Comprehensive Income
AND COMPREHENSIVE INCOME
| Three Months Ended September 30, | Nine Months Ended September 30, | |||
|---|---|---|---|---|
| (In thousands, except per share data) | 2025 | 2024 | 2025 | 2024 |
| Service revenue | $243,219 | $217,267 | $678,598 | $632,005 |
| Product sales | 18,719 | 8,284 | 42,619 | 25,702 |
| Total revenue | 261,938 | 225,551 | 721,217 | 657,707 |
| Cost of service revenue, excluding depreciation and amortization | 9,246 | 5,378 | 18,658 | 14,324 |
| Cost of product sales | 12,826 | 5,621 | 29,804 | 18,755 |
| Operating expenses | 88,036 | 76,026 | 243,092 | 221,569 |
| Selling, general and administrative expenses | 47,757 | 47,918 | 147,724 | 142,432 |
| Depreciation, amortization and (gain) loss on disposal of assets, net | 29,264 | 26,718 | 86,551 | 81,215 |
| Total costs and expenses | 187,129 | 161,661 | 525,829 | 478,295 |
| Income from operations | 74,809 | 63,890 | 195,388 | 179,412 |
| Interest expense, net | 16,421 | 18,723 | 49,629 | 57,203 |
| Loss on interest rate swap | — | 913 | — | 494 |
| Loss on extinguishment of debt | 21 | 33 | 69 | 628 |
| Other income, net | (6,298) | (4,272) | (16,410) | (13,970) |
| Total other expenses | 10,144 | 15,397 | 33,288 | 44,355 |
| Income before income taxes | 64,665 | 48,493 | 162,100 | 135,057 |
| Income tax provision | 17,826 | 13,761 | 44,347 | 36,953 |
| Net income | $46,839 | $34,732 | $117,753 | $98,104 |
| Other comprehensive (loss) income: | ||||
| Change in foreign currency translation adjustment | (790) | 5,190 | 7,723 | 3,364 |
| Total comprehensive income | $46,049 | $39,922 | $125,476 | $101,468 |
| Net income per share: | ||||
| Basic | $0.29 | $0.21 | $0.74 | $0.59 |
| Diluted | $0.29 | $0.21 | $0.73 | $0.58 |
| Weighted average shares outstanding: | ||||
| Basic | 159,552 | 164,735 | 159,525 | 165,676 |
| Diluted | 161,861 | 167,624 | 161,824 | 168,318 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.